|Bid||11.760 x 0|
|Ask||11.780 x 0|
|Day's Range||11.460 - 11.900|
|52 Week Range||10.660 - 12.720|
|PE Ratio (TTM)||7.95|
|Dividend & Yield||0.04 (2.96%)|
|1y Target Est||12.16|
Despite the ordeal of climbing over the Chinese barriers, many companies have made a beeline to China and have persisted with their attempts despite the rebuffs. Fast food chain McDonald's Corporation ...
Citic Ltd., Citic Capital Partners and Carlyle Group LP acquired an 80% stake in the fast-food chain’s mainland China and Hong Kong operations.
McDonald's Corp said it would almost double the number of stores in mainland China by 2022, slightly more than was expected, as part of its strategic partnership with state-backed conglomerate CITIC Ltd and Carlyle Group. Earlier in the year, the U.S fast food chain agreed to sell most of its China and Hong Kong business to CITIC and Carlyle for up to $2.1 billion.